if someone need money and want to have it cash or even for fun and sells his investment than it is his choice and for the market to operate we need a circulation of sell and buys so it is their decision
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well there are 2 options you will be homeless or you would have a villa, if you can take that risk don`t think twice just sell it and invest see what happens, Hope it will be the second option.
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so many times big companies spread FUD about the crypto market and the manager or CEO`s of them have bought in dip and made tremendous profits of them, so this kind of things seem all like a game.
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it depends on your skills and mindset, if you are the one who can cope with stress and have the ability for daily trading than it according to me would be more profitable but not everyone is capable on doing that.
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if you are able to scalp and make profits of 3-4% gains during the day from rise and falls of coins thats would be the best thing to cut your costs and decrease the loss.
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if trust vanishes from any asset than its price would be zero which not a specific thing about btc and which can happen with any asset so we try to make this trust not to vanish.
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rather than media educational institutions make a big impact on people and investors when they do make a establishment and if crypto would be taught in educational institutions it would be a good impact
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Imagine you study all of your life, work all of your life and at the end you get an average income which is just enough to feed you and keep you in life but who ever invested in btc was able to earn the one year salary of an average man in just 2 months, so invest your time now and take a rest later.
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Actually investing in btc have helped in my finance studies as you can compare the crypto market with the financial markets all over the world as well as blockchain technology with the related tech which makes your studies more interesting
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the usage for things that are low in value such as buying food or coffee are not one of the most common uses of it and it is illogical to use btc for those things as the fees will be more than the product itself.
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well the analysis seem ok even though I have not a deep knowledge about the Bollinger Band but what makes me believe that it will rise up is the G20 summit to be neutral about crypto which can give whales another opportunity for a new rise.
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when the market was all red I have managed to gain around 50% profit within a week by doing day trading but on the other hand I have also loss around 20% when all of them seemed green.
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the risk is very high as well as the profits when investors invest in btc and if I were you I would never invest a money which I can`t afford to lose, if you are going to invest in this market just bear in your mind that you have to forgot that money when you invest and after investing never look back.
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when the price was around 20k we were sitting in a cafe and a man who was clearly uneducated came and bought btc, I should have understand there that I must sell my coins or turn to tether.
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a friend of mine asked me the same question and I took him and we went to buy btc, for 2 days he has made around 5-10% profit and he is thankful, so for me it is the right time.
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well health is the most important thing in life, if you think you can`t take this anymore than don`t give a damn and walk away even if the price rises you got your profit and never regret if price goes down than you are happy.
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December was lovely for everyone I guess but it made harm to the whole market because the coins changed hands from strong to weak hands and the strong hands seem that want the price down again to collect from bottom
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In Australia for now they have out btc income tax as a normal income tax which is very high like 30%, so they get the skim of cream. Personally I think it would be good to be taxed cuz it would be officially accepted but I hope they would be reasonable on taxing it.
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well it seems like tether to me and after tether also bitrex have issued its coin which is always stable so this kind of projects are becoming more and more in the scenes which are for good use of course but what I think is that they are not stable enough because can be crashed any time cuz are not backed by anything
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well there is an uncertainty because of the leaders summit which will be held very soon and maybe people want to hedge their funds and don`t want to take any risks.
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